EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 24 JANUARY 2017

CPO trading range for the day is 584.6-596.2. Crude palm oil prices ended with gains on increasing demand. However upside seen limited on the expectation of higher supply from Malaysia and Indonesia. Indonesia's crude palm oil (CPO) output likely fell slightly in December, ending a seven-month run of gains, a survey showed. Crude palm oil prices in spot market dropped by 1.00 rupees and settled at 594.60 rupees.

For MCX Tips NCDEX Tips ✆ – 0731-6642300 or whatsapp at 7049084664